Posts in category All News
‘Lending rate cut still some time away’ (20-11-2024)
Union Finance Minister Nirmala Sitharaman’s call for making lending rates affordable may not resonate anytime soon as banks still struggle with margin compression, and await clues from the Reserve Bank of India (RBI) on liquidity and rate action. Hinting that any lending rate cut was some time away, State Bank of India (SBI) managing director Vinay M Tonse said there was still some aggression in the market regarding deposit pricing.
How derivatives can protect you against uncertainty in a volatile market (20-11-2024)
Derivatives go beyond serving as mere hedging instruments; they offer advanced strategies tailored to varying market conditions. By examining option chain data and employing techniques such as straddles and iron condors, investors can capitalize on opportunities in both volatile and stable market environments.
Archean Chemical – Specialty Chemical Leader (20-11-2024)
In ACIs Bromine business, who are domestic competitors?
In latest concall, one analyst ask the question of increase capacity by competitors in next 2-3 years. Neogen chemicals is there competitor or their client? Anyone here knows about it ?
EMS Limited – Tapping in the growth in the water management space (20-11-2024)
Hey @Rajandeep_Singh, Can you please share the link of the call. Thanks
EMS Limited – Tapping in the growth in the water management space (20-11-2024)
Heard the earnings call –
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Founder was sounding confident of keeping with trajectory of 30-35% growth with 25% margin. If 30% growth is met company will reach 1000 cr revenue this quarter
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This quarter margin was high 29% but will stay the course of 25-26%
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Revenue split between water and non water projects to remain at 70-30% like usual
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Lower growth in quarter due to long monsoon also due to high base of last year Q2.
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H1/H2 ratio of revenue roughly is 40/60 so expect H2 to be better
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Current orderbook at 2340 cr which will be executed in next 2 years and bidding for roughly 6700 crores
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Last quarter got a 700 cr order from Kolkata Municipal corporation trying to look for more projects in east side specifically Jharkand
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Looking to pick up project in power transmission setup along with land but revenue ratio to remain 70% water
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Govt’s amrit scheme to improve water bodies and sewerage in main cities will bring multiple porjects in next few years
All in all this was a better and confident call than interview promoter gave in September. Hoping for a good H2.